Danes are on the verge of a totally cashless society. Even now, the vast majority of retail sales are cashless, even buying hot dogs from a street stand. Now a major drugstore chain is taking it to the next level: cell phone payments.
By the time Iluminada Panabe was convicted of human smuggling, police estimated 800 Filipinos had gained illegal entry to Europe. Ana P. Santos spoke with Panabe, who has been serving her sentence in northern Denmark.
Debit cards and credit transfers are increasing globally, largely due to growth in emerging markets, according to the 2017 World Payments Report. While check use continues to decline, cash remains in the mainstream.
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